Resistance | Third wave | 1.272 FibEx - $300

On 2H TF

Binance Chain (BNBUSDT is in Ascending Channel. It's at 265

I figure out a support in range 229 - 237 equal 0.5 FibRe and 0.618 FibRe. We can trader in lower timeframes with these support.
Besides, BNB's dropped out twice nearly 13% and 16%.
So, two support at 229 and 237.

Elliott Wave Theory
- Invalidation Level below 215. Target of next downward at 150.
- Target of third wave at 300

Let's wait and see
binancechainBitcoin (Cryptocurrency)BNBUSDTChart PatternscryptoElliott WaveelliotwaveanalysisfalsebreakoutFibonacciFibonacci Extensionlayer1trieutv

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